New York Times Company (NYT)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,841,480 | 2,714,600 | 2,533,750 | 2,564,110 | 2,307,690 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,841,480K
= 0.00
The debt-to-assets ratio of New York Times Company has remained consistent at 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company does not have any debt relative to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that the company is primarily financed by equity rather than debt, which may reflect a strong financial position and lower financial risk. It also implies that the company may have sufficient financial flexibility to fund its operations and investments without relying heavily on borrowed funds. Overall, the stable and low debt-to-assets ratio of New York Times Company reflects a sound financial structure.
Peer comparison
Dec 31, 2024